2-bed · 1,195 sqftBarari Hills Residence, Majan · 5th floor · completed 2022

508, Barari Hills Residence

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.37M1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Barari Hills Residence

What is 508 worth today?

Last sold for AED 1,369,982 in 2024

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1 Aug 2024Sold by developerReady
AED 1,369,982AED 1,146 per sqft
1 Aug 2024SoldReady
AED 1,369,982AED 1,146 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,195 sqft
Floor
5th of 9
Parking
P2-36
Developer
Al Mawared Properties
Completed
2022
Last sold
AED 1.37M · August 2024

About 508, Barari Hills Residence

508 is a two-bedroom apartment of 1,195 sqft on the 5th floor of Barari Hills Residence, a 9-storey tower in Majan completed in 2022 by Al Mawared Properties. The developer sold it on 1 August 2024 for AED 1,369,982, or AED 1,146 per sqft, in line with the AED 1,113 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical two-bed in Barari Hills Residence
1M1.2M1.4M20232024202520262027Typical sale price by year: 2023 AED 1,050,576; 2024 AED 1,318,500; 2025 AED 1,400,000; 2026 AED 1,432,500Sold by developer, August 2024: AED 1,369,982 (AED 1,146 per sqft)Sold, August 2024: AED 1,369,982 (AED 1,146 per sqft)

508 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 508, each contractTypical two-bed in Barari Hills Residence
80K90K2024202520262027Typical rent by year: 2024 AED 75,000; 2025 AED 95,000; 2026 AED 87,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Barari Hills Residence, and where 508 sits

All 30 2-beds →

508 last sold in August 2024 at AED 1,146 per sqft, in line with what two-beds in Barari Hills Residence were fetching at the time (AED 1,113). Over the last 12 months two-beds sold for AED 1,300,000 to 1,470,000, around AED 1,212 per sqft, and rent for AED 78,750 to 198,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20261,300,000
25 Jun 20261,400,000
6 Mar 20261,435,000
23 Feb 20261,450,000
8 2-bed sales in the last 12 months

Barari Hills Residence

Building

69 apartments, 1-bed to 2-bed over 9 floors in Majan, completed in 2022 by Al Mawared Properties. 8 sold in the last 12 months.

Typical price per sqft
AED 1,212
Typical sale
AED 1.43M
Typical rent
AED 76K /yr
Typical yield
6.6%
Barari Hills Residence, Majan: prices, sales and rents →

Other units on the 5th floor

All 69 units in Barari Hills Residence
Value
5011-bedAED 876K · Nov 2024
5022-bedAED 1.46M · Jan 2025
5032-bedAED 1.32M · Apr 2024
5041-bedAED 775K · Aug 2023
5051-bedAED 960K · Jun 2024
5061-bedAED 899K · Jul 2024
5072-bedAED 1.05M · May 2023
1–7 of 8

508, Barari Hills Residence in numbers

  • Sold twice: first on 1 August 2024 for AED 1,369,982, last on 1 August 2024 for AED 1,369,982 (AED 1,146 per sqft).
  • Two-beds in Barari Hills Residence sold for AED 1,300,000–1,470,000 in the 12 months to November 2026; the building's median across all types is AED 1,212 per sqft.

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 508, Barari Hills Residence

What did unit 508 last sell for?

AED 1,369,982 on 1 August 2024, sold by the developer: AED 1,146 per sqft for 1,195 sqft. The unit has 2 registered sales; the first was AED 1,369,982 in August 2024.

How big is unit 508?

1,195 sqft (111.0 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2022.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Barari Hills Residence sold for AED 1,300,000 to 1,470,000 in the last 12 months, around AED 1,212 per sqft.

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Mortgage on 508, Barari Hills Residence

Starts from the last sale price (AED 1.37M, 1 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,369,982
Deposit, UAE resident (20%)
AED 273,996
Deposit, non-resident (40%)
AED 547,993
Monthly over 25 years at 3.7%
AED 5,605

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →